With a market share of 6.6 per cent in January 2019, Honda Cars India is currently the fourth-largest carmaker in the country. The manufacturer is presently offering some lucrative discount offers on its mainstream products, including Amaze, Jazz, WR-V, City, and BR-V. Discounts range up to INR 1 lakh, which makes it a good time for all prospective new car buyers to think of putting their money on a Honda car.
Honda Cars Discounts
The discounts on Honda cars below are valid until the end of the current month. These offers include free insurance, extended warranty, exchange bonus, and free accessories. Select dealers with leftover inventory from last year are known to be offering fantastic discounts to people interested in a product from an older date. That said, one must note that the offers on the cars manufactured last year will vary between dealerships.
Reports of Honda Cars India pulling the plug on the Honda Brio first emerged in November 2018. While the Brio is breathing its last and won't be replaced with an all-new model, select dealers are yet to exhaust the stock of the current version. Officially, the B1-segment offering, which has clocked a low average monthly sale of merely 45 units**, is available only with a discount of INR 19,000. Dealers with a sizeable leftover stock, however, are known to be offering price cuts in the tune of INR 1 lakh. This makes the Brio an excellent purchase for all those who have been looking for a sufficiently powerful small car that benefits from Honda's traditional qualities of high refinement and reliability.
With an average monthly sales of 1,213 units**, the Jazz is comprehensively outsold by its main rivals, the Maruti Baleno and the Hyundai Elite i20, both of which clock many times higher sales each month. The spacious hatchback is currently available with free first-year insurance and an exchange bonus of INR 20,000. Moreover, select dealers are offering an additional discount of INR 5,000 to MNC and government employees. This takes the total savings to approximately INR 55,000, bringing the effective ex-showroom price of the B2-segment model to INR 6.80 lakh*.
On the other hand, the MY2018 Honda Jazz is being sold with a cash discount of INR 25,000, an exchange bonus of INR 20,000, and free 1st-year insurance worth INR 25,000. Moreover, buyers of the models from the leftover stock can safely expect additional sweeteners from the dealerships to make the deal even more lucrative. In fact, select dealers in Delhi-NCR are known to be offering a discount of up to INR 1.3 lakh on the automatic transmission-equipped top-spec VX trim of the petrol-powered Jazz.
The Honda WR-V is a Jazz-based crossover that enjoys a dedicated set of followers. It has a monthly sales average of 3,393 units**, which is more than twice of the B2-segment hatchback it is based on. The petrol powered Honda Jazz is currently with a 50 per cent discount on the 1st year insurance along with an exchange bonus of INR 15,000. On the other hand, the diesel version is available with free 1st-year insurance and an exchange bonus of INR 17,000. Additionally, select MNC and government employees can further benefit from a discount of INR 5,000, which takes the total savings on the petrol model to nearly INR 33,000 and to approx. INR 50,000 on the oil-burner-equipped version. This brings the effective starting price of the WR-V down to INR 7.46 lakh*.
Discounts on the My2018 Honda WR-V aren't as attractive as those on the leftover stock of the Jazz. That said, one can still benefit from a cash discount of INR 20,000, other than the offers available on the fresh stock.
The Honda City has been its carmaker's traditional hot-seller. With an average monthly sale of 4,861 units**, it is among the highest-selling C2-segment sedans in the country. Currently, the Honda City is available with savings of up to INR 77,000. These are being offered through a free 1st-year insurance worth up to INR 30,000, an exchange bonus worth INR 30,000 on the SV, V, and Vx trims and INR 20,000 on the Zx variant, and free accessories worth INR 10,000. Additionally, select MNC and government employees can benefit from an additional discount of INR 7,000. This brings the effective starting price down to INR 8.00 lakh*.
The MY2018 Honda City is available with a free 1st-year insurance worth up to INR 30,000, an exchange bonus of INR 20,000 and free accessories worth INR 10,000. Additionally, buyers of the diesel version even benefit from a cash discount of INR 25,000.
With an average monthly sale of merely 303 units**, the Honda BR-V is among the slowest-selling models in its category. No surprise, then, that Honda Cars India is currently offering discounts in tune of INR 1.10 lakh to push the sales of its 7-seater offering. This brings down the effective base price to INR 8.45 lakh*. The company is currently offering free 1st-year insurance worth up to INR 35,000, along with an exchange bonus of INR 50,000, and accessories worth INR 16,000. Select dealers are known to be offering an additional discount of INR 10,000 to MNC and government employees, which results in total savings worth more than INR 1.10 lakh.
Even the leftover stock of the Honda BR-V is available with some fantastic offers, amounting to approximately INR 1.5 lakh. Other than the discounts listed above, buyers of the left-over stock are entitled to a cash discount of up to INR 50,000.
The fifth generation Honda CR-V went on sale in India on 9 October. With an average dealer dispatch of 126 units between October 2018 and January 2019, the latest iteration of the company's premium crossover is enjoying a considerably higher demand than its predecessor. Moreover, the car is relatively new in the market, and it's a tad too early to expect any substantial discount. That said, the company is currently offering free 1st-year insurance amounting to almost INR 1.5 lakh on the diesel variants from the MY2018 stock. Furthermore, buyers of both the fuel variants benefit from free roadside assistance (RSA) package for 3 years.
*ex-showroom price, Delhi
** August 2018 to January 2019